Frontline (FRO) Misses Q4 EPS by 42c, Revenues Miss
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February 19, 2021 8:23 AM EST
Please find enclosed the presentation of Frontline Ltd.s fourth quarter 2020 results to be held on the webcast / conference call 19 February, 2021 at 15:00 CET.
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
Presentation Q4 2020
Source: Frontline Ltd....
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February 19, 2021 2:00 AM EST
Frontline Ltd. (the Company or Frontline), today reported unaudited results for the three months and year ended December 31, 2020: Â
Highlights
Net income of $412.9 million or $2.09 per diluted share and adjusted net income of $421.6 million or $2.13 per diluted share for the year ended December 31, 2020, being the strongest yearly result since 2008Net loss of $9.2 million, or $0.05 per diluted share for the fourth quarter of 2020Â Adjusted net loss of $20.2 million, or $0.10 per diluted share for the fourth quarter of 2020Reported total operating revenues of $174.9 million for the fourth quarter...
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